Baku – APA. The assumption that the era of fossil fuel energy is ending is premature, Russian President Vladimir Putin said Monday, Sputnik International reported.
"Amid a more than twofold drop in oil prices, many said that the era of hydrocarbons is nearing its end, that a complete shift to alternative energy sources is necessary. I think that there is no real basis for making such far-reaching conclusions, at least for now," Putin said at the World Energy Congress in Istanbul.